Niksic, the second-largest city in Montenegro, is rapidly developing and becoming an attractive destination for real estate investors. In recent years, the city’s real estate market has been growing, drawing both local and international buyers. This article focuses on emerging residential areas in Niksic and the investment opportunities available in 2025.
Why Invest in Niksic?
Niksic is not only a historical and cultural hub of Montenegro but also a city with rich natural heritage, including Lake Skadar and surrounding picturesque mountains. Niksic attracts investors due to its strategic geographical location, developing infrastructure, and the potential for growth in its real estate market. In recent years, the city has become increasingly popular among both locals and international investors.
Developing Neighborhoods in Niksic for Investment
City Center
The city center of Niksic is the heart of the city, where the main cultural and administrative buildings are located. This area is undergoing active development, with the restoration of historical buildings and the construction of modern residential complexes. In the city center, investors can find both affordable rental apartments and more expensive options for purchase.
Prices: The cost per square meter in the city center ranges from €1,400 to €1,700. One-bedroom apartments cost between €45,000 and €60,000, while two-bedroom apartments range from €70,000 to €90,000. Rental prices start from €250 for a one-bedroom apartment and €400 for a two-bedroom apartment.
Gorce Area
Gorce is a residential neighborhood located on the outskirts of the city, but with good transport connections and beautiful natural surroundings. This area is ideal for families and individuals who value a peaceful atmosphere and proximity to nature.
Prices: In Gorce, the cost per square meter ranges from €1,100 to €1,400. One-bedroom apartments cost between €35,000 and €50,000, while two-bedroom apartments range from €55,000 to €75,000. Rent for apartments in this area varies from €200 to €350 per month.
Mala Reka Area
Mala Reka is a newly emerging and promising neighborhood that is actively being developed. This area is ideal for people seeking modern apartments and homes with easy access to infrastructure and natural zones.
Prices: The cost per square meter in Mala Reka ranges from €1,300 to €1,500. One-bedroom apartments can be purchased for €40,000 to €55,000, while two-bedroom apartments range from €60,000 to €85,000. Rent in this area ranges from €250 to €400 per month.
Drici Area
Drici is a southern neighborhood in the city with great potential for future development. It attracts buyers who are interested in purchasing land for building homes or modern apartments in newly constructed residential complexes.
Prices: The cost per square meter in Drici ranges from €900 to €1,200. The average price of land is between €15,000 and €30,000 for plots of 400 m². Apartments in this area cost from €35,000 for a one-bedroom unit to €70,000 for a two-bedroom unit.
Real Estate Market Features in Niksic
- Infrastructure Development: In the coming years, Niksic is expected to see the construction of new roads, shopping centers, and educational institutions. This will make the area even more attractive for investors and residents.
- Rental Demand: Due to a large number of students and tourists, the demand for rental properties in the city center and emerging neighborhoods continues to rise. This will provide stable income opportunities for property owners.
- Economic Stability: Montenegro continues to demonstrate economic stability, which attracts investors. Niksic, with its growing real estate market, offers excellent investment opportunities.
Where to Invest?
Depending on your goals, the following neighborhoods may be the best for investment:
- City Center — for those looking for liquid investments with strong rental potential.
- Gorce — for families seeking a calm atmosphere and proximity to nature.
- Mala Reka — for investors interested in modern residential complexes in a developing area.
- Drici — for those looking to purchase land or apartments for long-term investment.
Conclusion
Niksic is one of the most promising cities in Montenegro for real estate investment. Emerging residential areas such as the City Center, Gorce, Mala Reka, and Drici provide excellent opportunities for property acquisition. In 2025, the city will continue to grow, and investments in Niksic real estate are likely to yield long-term benefits.
